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Credit Accounts and Trade Pricing

Can I apply for a credit account?

Yes. If you are buying goods for a Business you can apply for a Credit Account. For Business Users there are two options:

Instant Free Credit Account

Originally designed to replace the need for Pro Forma Invoices which are costly and time consuming to administer, our Instant Credit Account has proved to be incredibly popular with SME customers. Once a simple one page application form has been completed we will open an online credit account facility.

The account is limited to a total spend of £500 and must be paid in full within 30 days of the invoice date. We do not require references, but you must be a Limited Company* and have been trading for a minimum of one year. Usually these accounts are activated on the same day and allow you to place your order online within a few hours of faxing the application.

Full Credit Account

The full Credit Account is intended for use by Business Users with a high monthly spend who have been trading for a minimum of three years. The full account allows credit limits in excess of £500 following the acceptance of credit references. This may also involve the use of a third party credit checking agency. All new Credit Accounts are based on strict Net payment terms.

Export customers can also apply for a full Credit Account subject to satisfactory credit checks and payment for the first order being completed on a Pro Forma basis.

**Currently ALL credit accounts are not available to sole traders or partnerships. We reserve the right to perform a credit check on the Company details as provided. Completing an application does not guarantee an account will be authorised

Trade Pricing / Discounts and Agreed Contract Pricing

Sil-Mid does offer Trade Pricing this is a specialist service based on your individual business requirements. Please contact the team to see what Trade Pricing discount we can offer. Following this your discounted Trade Pricing will be available to you when logged in on silmid.com.